Nonstandard Bylaw Amendment

00-1141 / November 2000
Nonstandard Bylaw Amendment

SSIC 4660

TO: [redacted]

FROM: Sheila A. Albin, Associate General Counsel

You have asked for our concurrence on your proposal to approve a nonstandard bylaw amendment to Article IV, Section 4 of [redacted] Corporate Federal Credit Union’s ([redacted]) bylaws. The Board has delegated to you the authority to approve bylaw amendments, with the concurrence of this office. Delegations, COR 6. We have no legal objection to the proposed bylaw amendment that changes the requirements for a quorum from 15 members to 5 members and concur with your decision to approve it. The proposed amendment is identical to [redacted] previous bylaw.


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